Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Medical Marijuana's Revenue for the
six
months ended in Dec. 2017 was $26.52 Mil. Medical Marijuana's average Accounts Receivable for the
six
months ended in Dec. 2017 was $0.15 Mil.
Hence, Medical Marijuana's Receivables Turnover for the
six
months ended in Dec. 2017 was 174.49.
Medical Marijuana (OTCPK:MJNA) Receivables Turnover Explanation
An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.
Medical Marijuana Receivables Turnover Related Terms
Medical Marijuana Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Medical Marijuana's Receivables Turnover can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MJNA vs UPC, ERBB, KAYS: Receivables Turnover Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Medical Marijuana's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Medical Marijuana Receivables Turnover vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Medical Marijuana's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Medical Marijuana's Receivables Turnover falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Medical Marijuana (MJNA) has a Receivables Turnover of 174.49 as of Dec. 2017. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Medical Marijuana and its competitors.
Is Medical Marijuana's Receivables Turnover too high?
Medical Marijuana's current Receivables Turnover is 174.49. The Drug Manufacturers industry median Receivables Turnover is 5.07. Medical Marijuana's value of 174.49 is 3341.6% above this industry median.
How does Medical Marijuana's Receivables Turnover compare to UPC and ERBB?
Medical Marijuana's Receivables Turnover of 174.49 can be compared against companies in the Drug Manufacturers industry. The industry median Receivables Turnover is 5.07. Medical Marijuana's value of 174.49 is 3341.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Drug Manufacturers company?
The median Receivables Turnover among Drug Manufacturers companies is 5.07, based on 949 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Medical Marijuana's current Receivables Turnover of 174.49 is 3341.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Medical Marijuana and its competitors. For the Drug Manufacturers industry, the median Receivables Turnover is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medical Marijuana's current Receivables Turnover is 174.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medical Marijuana stock overvalued right now?
Medical Marijuana (MJNA) has a current Receivables Turnover of 174.49. The current Receivables Turnover is 174.49 and 3341.6% above the Drug Manufacturers industry median of 5.07. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Medical Marijuana (MJNA), the current Receivables Turnover is 174.49 as of Dec. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Medical Marijuana Inc is engaged in the development, sale, and distribution of hemp oil that contains naturally occurring cannabinoids, including cannabidiol and other products containing CBD-rich hemp oil. The company's products are used by pharmaceutical, nutraceutical, and cosmeceutical industries. Some of its products are CBD Capsules, CBD Tinctures, Vaporizers, and Hemp foods among others. The company operates through Retail and Wholesale division; Direct Sales division; and Manufacturing and Production Division.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MJNA has been successfully added to your 
